0001043105-07-000009 Sample Contracts

GUARANTY OF PAYMENT
Guaranty of Payment • January 29th, 2007 • IElement CORP • Services-business services, nec

THIS GUARANTY OF PAYMENT (this "Guaranty") is made as of the 21st day of December, 2006, by IELEMENT CORPORATION, a corporation organized and existing under the laws of the state of Nevada (he "Guarantor"), in favor of ROCKLAND CREDIT FINANCE LLC, a Maryland limited liability company (the "Factor").

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FACTOR ASSIGNMENT AGREEMENT
Factor Assignment Agreement • January 29th, 2007 • IElement CORP • Services-business services, nec • Maryland

THIS FACTOR ASSIGNMENT AGREEMENT (this “Agreement”) is made and entered into as of the 21st day of December, 2006, by and among ROCKLAND CREDIT FINANCE LLC, a Maryland corporation (“Factor”), U.S. WIRELESS ONLINE, INC., a Nevada corporation (“Debtor”), and IELEMENT CORPORATION, a Nevada corporation (“Manager”).

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